If crosser company were to manufacture 430000 finished

Assignment Help Accounting Basics
Reference no: EM13568759

Crosser Company budgets on a quarterly basis. The following beginning and ending inventory levels (in units) are planned for the first and second quarters of 2012:

                            Jan-March, 2012                   April-June, 2012
Raw materials       43,000                                   48,000        
Work in process   15,000                                   18,000        
Finished goods     81,000                                   45,000       

Two units of raw material are needed to produce each unit of finished product.

Required:

If Crosser Company were to manufacture 430,000 finished units (in total) during the first two quarters of 2012, how many units of raw material would it need to purchase?
Prepare the purchases budget for the first six months of 2012. Enter all amounts as positive numbers.

Dec. 31, 2011 and June 30, 2012
Required production in units  
Raw material needed per unit  
Units of raw material needed  
Add: Desired ending inventory  
Total budgeted needs  
Less: Beginning inventory  
Units of raw material to be purchased  

Reference no: EM13568759

Questions Cloud

Monex reported 65000 of net income for the year by using : monex reported 65000 of net income for the year by using absorption costing. the company had no beginning inventory
This required portfolio assignment will give you experience : interview a senior citizenthis required portfolio assignment will give you experience observing and interacting with
The preferred stock is now selling for 97 per share what : ten years ago stigler company issued 100 par value preferred stock yielding 8 percent. the preferred stock is now
Consider a bond with par value of eur 1000 and maturity in : consider a bond with par value of eur 1000 and maturity in three years and that pays a coupon of 5 annually. the spot
If crosser company were to manufacture 430000 finished : crosser company budgets on a quarterly basis. the following beginning and ending inventory levels in units are planned
The september cash disbursements ledger included 87500 that : you have the following ledger balancescash 153700 debit balanceaccounts receivable 165500
From the time of issuance until the bond matures which of : from the time of issuance until the bond matures which of the following bonds is most likely to exhibit negative
Create a topic paper 2-3 pages in apa format discussing the : when you were attending aiu you thought of yourself being an undercover narcotics officer or working for a bank as a
If the real rate is 12 the inflation premium is 16 and the : if the real rate is 1.2 the inflation premium is 1.6 and the market return is 11.0 what is the required rate of

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd